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French consumers are feeling less confident about their prospects amid surprise elections, a fresh headwind for the country’s fragile economic recovery. A measure of confidence compiled by France’s statistics agency fell to 89 in June from 90 in May, according to a survey released Wednesday, in which a reading of 100 represents the long-term average for consumer sentiment. Consumers reported worsening feelings for the quality of living in France in the months ahead, as well as for their own future savings’ prospects and willingness to make major purchases.

North Carolina, officials have ruled the child’s death a homicide.According to an autopsy report released Monday, the boy died of “asphyxia due to smothering,” meaning he was unable to breathe from his nose or mouth.The boy died on Feb. 3 while attending Trails Carolina in Lake Toxaway, a for-profit program that has since lost its licence to operate.He had been at the camp for less than 24 hours when staff members discovered the boy was dead inside a bivy, a sleeping bag-type tent used by a single person.

Things you can’t easily silence: • A blaring car alarm • A bird outside your window at 5 a.m. • A certain tech columnist telling you not to buy an iPhone once summer arrives Look, I wouldn’t have to keep repeating my iPhone No-Buy Rule™ if everyone just listened to me—or if Apple didn’t keep giving us reasons to hold off. And this year, the company gave us a big one.

₹3,000 mark for the first time in today's intraday trade to hit another fresh all-time high of ₹3,030 apiece by gaining 9%. Remarkably, the stock achieved this milestone in just 10 weeks after crossing the ₹2000 mark.The rally in the stock has been fueled by a significant spike in delivery volumes over the last four sessions, averaging 200,000 shares compared to a typical 40,000.This surge in delivery volumes was attributed to several key factors: growth in the real estate business, prospects of the textile sector PLI scheme, expansion in their ethnic wear segment—a rapidly growing brand for the company—and improvements in the balance sheet.Also Read: Amara Raja stock gains 108% in CY24 so far; what lies ahead?Meanwhile, today's surge in shares has propelled them to achieve a 251% gain over the past two years and an impressive 618% increase in just three years.During FY24, Raymond Group sold its FMCG business and has now identified the core three businesses of lifestyle, real estate, and engineering as future growth pillars.The company aims for rapid expansion of its ethnic wear brand 'Ethnix by Raymond', with plans to open 100 stores in FY25 following the launch of 53 stores in FY24, bringing the total count to 114.

₹10,037.30 on June 18, 2024. Currently trading at ₹9,480.05, the scrip is just 5.5 percent away from its peak. It has surged around 109 percent from its 52-week low of ₹4,544.00, hit on August 14, 2023.Similarly, TVS also touched its record high of ₹2,524.95 on June 18, 2024.

Former investment banker Carol Roth and Americans for Tax Reform President Grover Norquist grade President Biden's handling of the economy on «The Evening Edit.»

Siddaramaiah on Wednesday said the decision of the Congress high command is final. Some of the Ministers have been pitching for Deputy CM posts to be given to leaders from Veerashaiva-Lingayat, SC/ST and minority communities. Currently, D K Shivakumar from the Vokkaliga community is the only Deputy Chief Minister in the Siddaramaiah cabinet. «Whatever the high command decides is final,» Siddaramaiah told reporters in response to a question.

Taratala factory in Kolkata last week, and speculation is now rife that the biscuit-maker may fully exit West Bengal.The FMCG major on June 20 informed the exchanges that all permanent workers at its Taratala factory in Kolkata accepted a voluntary retirement scheme (VRS), leading to whispers of a possible shutdown of one of the company’s oldest units in India.On social media and in media reports, the Britannia news has led to comparisons with the departure of Bata and Tata Nano from the eastern Indian state.However, Amit Mitra, special advisor to the Chief Minister of West Bengal on finance, on June 25 told reporters that Varun Berry, MD of Britannia Industries has assured him the company is committed to stay and will maintain its registered office in Kolkata, PTI reported.“It's registered office will stay in Kolkata. The shareholders meeting will continue to be in Kolkata.

Crossover Markets is best known for its execution-only electronic communication network, CROSSx, a low-latency institutional trading venue for digital assets, comprising an advanced matching engine and smart order routing.The firm recently reported over $3.15 billion in notional trading value, 415,450 trades, and over 141 billion quotes processed on CROSSx in Q1 2024."This fundraise comes at a time when institutional market structure is changing in digital assets," says Brandon Mulvihill, co-founder and CEO of Crossover Markets.

Also Read: JPMorgan on track to include India in emerging market debt index from June; How will it impact Indian bonds and yields?The index weighting of India bonds is expected to reach a maximum weight of 10% in GBI-EM Global Diversified Index, 8.7% in the GBI-EM Global Index and 14.59% in the GBI-EM Global Diversified IG 15% Cap Index.Europe, Middle East and Africa (EMEA) area is estimated to see the largest regional hit to index weight. EMEA EM's aggregate weight is expected to drop to 26.2% by March when India's inclusion is complete compared to around 32% at the start of this month, Reuters reported.With India’s addition, Asia’s weight is estimated to increase to 47.6% in the index, HSBC Plc said in a note.

India's space ambitions: Market forces are with us“While Australia has partnerships with multiple nations for space ventures, we are taking our engagement with India to the next level. The partnership will lead to Australian satellites being launched into orbit from Indian soil," Green said at the inaugural keynote at the Indian Space Congress 2024.The partnership will involve several stakeholders in India's private space economy including domestic space-engineering firm Ananth Technologies, which has supplied components and engineering services to Isro in many previous missions.Pawan Goenka, chairman of the Indian National Space Promotion and Authorisation Centre (In-Space), a government-affiliated space promotions agency, confirmed that the SSLV was being privatised and that the bidding process was still ongoing.

Union Budget 2024: With just about a month to go before the union budget, the finance ministry has started its routine meetings and consultations with various stakeholders from the industry and social sectors. Among many proposals before the finance ministry, one pertains to tax relief for salaried taxpayers, according to reports.

The asbestos-based roofing players are expected to record PBIT margins at around 8- 9 per cent in FY2025 and FY2026, an improvement of 100-200 bps, stated a report by ICRA. This, it added, will be backed by estimated steady growth in volumes and marginal improvement in realisations. The asbestos fibre prices increased at a CAGR of 9.6 per cent during the FY2018- FY2024 period compared to the modest rise in realisations at a CAGR of 3.1 per cent during the same period, thereby impacting the profitability of the companies.

Taxpayers are required to select an ITR form (Income Tax Return form) based on their income types and residential status. An ITR form is a document that facilitates reporting income and filing taxes to the Income Tax Department.

FMCG major Hindustan Foods (HFL) surged 15% today on BSE to Rs 582.50 after a likely equity stake sale of 11.1% via a block deal on Wednesday. The deal size is said to be approximately worth Rs 720 crore. Westbridge, Sixth Sense are among a few PE investors that are likely to be the sellers in the transaction. However, the official details of the buyers and sellers are not currently known.

Marico Ltd. gained 0.51 per cent to Rs 618.25 at 01:03PM (IST) in Wednesday's trade. The scrip has hit a high of Rs 619.75 and low of Rs 609.2 so far during the session. The stock had closed at Rs 615.1 in the previous session. The counter has had a total traded volume of 30818 shares so far with a value of Rs 1.89 crore on the NSE. It traded at a price-to-earnings multiple of 53.95 and a price-to-book ratio of 16.73.

Aryan Rajvansh, who made rap music videos on YouTube during the day, turned into an armed robber at night and shot a cab driver on June 23 during a robbery, ToI reported on June 26. Rajvansh was arrested the following day after police tracked him to his hometown, Ayodhya, using various investigative methods, the report said. Rajvansh, who completed his BTech in computer science from a college in Coimbatore in 2022, found himself unemployed. Despite his academic background, he devoted his time to creating music videos. «He completed his BTech nine months ago and then started making music videos,» police told the newspaper.

Heathrow Airport plunged into chaos Tuesday night due to an IT allocation failure in British Airways' systems, stranding passengers on planes and causing significant delays in luggage collection. The disruption led to hours-long delays for travelers attempting to retrieve their baggage. According to a Daily Mail report, the failure affected numerous flights, leaving passengers stuck on aircraft for extended periods. Many travelers were unable to disembark or collect their luggage, resulting in widespread frustration and anxiety about their onward journeys. This incident underscores the vulnerability of modern air travel infrastructure to technological failures. British Airways is working to resolve the issues and assist affected passengers, but the delays have drawn significant criticism from travelers who described the scene at Heathrow as chaotic and disorganized.

JM Financial initiated coverage on small cap stock Shivalik Bimetal Controls (SBCL) with a target price of Rs 730 as they believe that the company is a niche player in the market and may be geared up to capture manufacturing opportunities. SBCL is predominantly a bimetal / electrical contacts manufacturer but ventured into the shunt resistor business from 2014-15. It has gained significant dominance in the domestic market and is now ready to further expand the export opportunity with capex already done and capacity in place.

Trent Ltd. gained 0.37 per cent to Rs 5358.15 in Wednesday's trade as of 12:22PM (IST). The stock hit a high price of Rs 5379.3 and low of Rs 5273.5 during the session.

Information Technology) segment. Historically, the majority of India’s IT service importers include North America and Europe, but there has been a lot of interest and potential coming from Asia, Africa, and Latin America, says experts. Register for the ET MSME Day 2024 here